REITs’ NPI growth not a reflection of improving sector

KUALA LUMPUR (Oct 29): Last week saw a flux of quarterly earnings released by local real estate investment trusts (REITs) with most reporting a growth in their net property income (NPI), sparking optimism for a recovery in the sector that has long been plagued by concerns over oversupply, weak demand and the like.

READ MORE

Pushing for more solar power

KUALA LUMPUR (Oct 29): In an effort to drive the green agenda, the government has come out with a slew of solar photovoltaic (PV) initiatives to encourage the renewable energy (RE) uptake.

READ MORE

MRT2: Margin squeeze inevitable

KUALA LUMPUR (Oct 29): The good news that MMC-Gamuda KVMRT (T) Sdn Bhd received last Friday that the consortium will remain the contractor for the underground portion of the mass rapid transit Sungai Buloh-Serdang-Putrajaya Line (MRT2) project comes with a catch.

READ MORE